DAC Developments Secures $71 Million Refinance Loan From Trevian For Multifamily Property In Chicago

The property asset involved is a multifamily unit located at 808 North Cleveland Avenue in the Chicago market. This asset comprises 200 units and has a total square footage of 281,256. The refinance loan amount for this property is $71,000,000, facilitated by Trevian.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $71,000,000
• Asset Address: 808 North Cleveland Avenue
• Market: Chicago
• Units: 200
• Square Feet: 281,256
• Lender: Trevian
• Landlord: DAC Developments
• Broker Representatives: Drew Fletcher, Bryan Grover & Jesse Kopecky - Greystone
• Loan Type: Refinance

The key individuals involved in the transaction are Drew Fletcher, Bryan Grover, and Jesse Kopecky, who represent Greystone in this deal, facilitating the finance for DAC Developments as the landlord of the multifamily property.